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    Newman road Mobile, AL 36695

    Source: https://www.saltercompany.com
    For Sale
    $179,000

    West Mobile acreage, owner financing available.

    Property size:
    364,161 SF

    Description

    Added:
    Feb 14, 2025
    Days on Market:
    304
    This exceptional 8.36-acre parcel is part of the Newman Oaks development in West Mobile, Alabama, near the Lakes Development off Newman Road. This is a sister project to the highly successful and completely sold-out Deer Crest subdivision. The lot boasts a spacious size and is attractively landscaped with mulch. The property is situated within a planned community with established covenants and a subdivision survey plat available upon request. Building plans must adhere to the minimum 2,000 square foot house size requirement. Utilities are conveniently provided through public water and high-speed internet access is available. Septic systems are required for waste disposal. This presents a unique opportunity to build a custom estate home on a sizable lot in a desirable West Mobile location. Similar 1 to 3 acre parcels are also available for those seeking even larger properties. The seller is offering attractive owner financing options, making this an even more compelling investment. Don't miss this chance to secure your dream property in this thriving community. Contact us today to learn more about this exceptional opportunity and explore the available financing options.

    Property Features for Newman road

    General Information

    Property type
    Other land
    Square Feet
    364,161 SF
    Price / Square Foot
    $0.49
    Elevators
    N/A
    Lot Size
    364,162 SF

    HighLights

    • 8.36 acres available in West Mobile's Newman Oaks Development, near Lakes Development.
    • Estate‑sized lots, beautifully mulched, with minimum 2,000 sq ft house size requirement.
    • Public water, high‑speed internet, and septic; owner financing available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mobile
    State
    Alabama

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    FAQs

    What type of property is this?
    Land - West Mobile acreage, owner financing available.
    Where is this land located?
    The property is located at Newman road Mobile, AL.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: 8.36 acres available in West Mobile's Newman Oaks Development, near Lakes Development.; Estate-sized lots, beautifully mulched, with minimum 2,000 sq ft house size requirement.; Public water, high-speed internet, and septic; owner financing available.
    (251) 342-0600
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    Newman road Mobile, AL 36695
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Newman road Mobile, AL 36695
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